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1,654 crore through the initial public offering, which opens onJuly 28.At the upper end of the price range, the issue is valuedat Rs 1,654 crore, while at the lower it would be able to fetchabout Rs 1,427 crore. SKS is coming out in the capital marketwith a total issue size of 1.6 crore equity shares of Rs 10 each.The IPO closes on July 30 for institutional buyers and August2 for retail and High Networth Individuals.SKS Microfinance’s public issue will the first such offer by any microfinancecompany in the country.The proceeds from the IPO would beused for meeting the company’s future capital requirements.Founded by Vikram Akula, SKS Microfinance has a customer base of around 53 lakh. The non-banking firm is backed byseveral big private equity players, including Sequoia Capital-India.
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Twenty22 stands for the year 2022when India will be 75 years old.Thestory of a young and energeticnation on the move,having herfoundation in an ancientcivilisation.From a glorious past to aglorious future.Our flag's Orangecolour symbolizes courage andsacrifice, White stands for peaceand truth, Green is for faith andchivalry and Blue represents thecolor of the sky and the ocean. Thecentral motif is a Chakra, orBuddhist spinning wheel. The 24spokes of the wheel correspond withthe 24 hours of the day, implyingthat there is life in movement anddeath in stagnation.A Scrog (Scrapbook-Blog) chroniclingthe magic of the present moment asthe Wind of Change sweeps acrossINDIA,BHARAT,HINDUSTAN-TheWorld's Largest Democracy.TheMaking of India which hopefully willhave heartwarming stories of growthand development... on the lines ofChicken Soup for theSoul..ooops..err Rasam for theHindustani Aatma. Jai Hind.Disclaimer:Most of the informationhas been obtained by readingvarious newspapers / magazines ,watching television and browsingthrough various websites.Picturesand Articles used are for informativeand illustrative purposes only andtheir copyright belongs to theirrespective owners.Some of thepopular sources of informationare:The Times of India,IndianExpress,HindustanTimes,DNA,Mint,The EconomicTimes,Financial Express,Business